Effective dates for UK GAAP
UK GAAP standards are frequently amended so it is important to know the changes in the requirements and their effective dates.
The FRC favours issuing standards and amendments to be effective for accounting periods beginning on or after 1 January in any given year. Future changes are generally available for early adoption.
The table below summarises the amendments according to calendar years. Links are provided to our UK accounting standards pages where further details of the changes can be found. More information on the individual standards can be found at icaew.com/ukgaap.
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Annual periods beginning on / after 1 January 2021
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Annual periods beginning on / after 1 January 2020
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Annual periods beginning on / after 1 January 2019
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- FRS 100 Application of Financial Reporting Requirements (March 2018)
- FRS 101 Reduced Disclosure Framework (March 2018)
- FRS 102 The Financial Reporting Standard (March 2018)
- FRS 103 Insurance Contracts (March 2018)
- FRS 104 Interim Financial Reporting (March 2018)
- FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime (March 2018)
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Annual periods beginning on / after 1 January 2018
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Annual periods beginning on / after 1 January 2017
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Annual periods beginning on / after 1 January 2016
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- FRS 100 Application of Financial Reporting Requirements (September 2015)
- FRS 101 Reduced Disclosure Framework (September 2015)
- FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (September 2015)
- Amendments to FRS 103 – Solvency II (May 2016)
- FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime (July 2015)
- Amendments to FRS 105 - Limited Liability Partnerships and Qualifying Partnerships (May 2016)
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Annual periods beginning on / after 1 January 2015
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- FRS 100 Application of Financial Reporting Requirements (November 2012)
- FRS 101 Reduced Disclosure Framework (August 2014)
- FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (August 2014)
- FRS 103 Insurance Contracts (March 2014)
- FRS 104 Interim Financial Reporting (March 2015)